UNB, Dhaka :
British High Commissioner to Bangladesh Robert Chatterton Dickson on Monday said Bangladesh needs more know-how, more jobs and more capital to maintain the remarkable growth noting that FDI can provide that.
“Foreign investments can help upskill a workforce,” he said mentioning that Bangladesh has done remarkably well in the 50 years since independence – something the country can be genuinely proud of.
The British High Commissioner made the remarks while delivering alecture on ‘The Importance of International Trade’ at the Department of International Business, University of Dhaka.
Over 200 students from Department of International Business, Dr. Shobod Deb Nath, Associate Professor, Chairman, Department of International Business, University of Dhaka, Derek Griffiths, Head of Trade & Investment Bangladesh, Department for International Trade, British High Commission Dhaka, and other faculty members of Dhaka University and staff of the British High Commission Dhaka attended the lecture.
After the lecture, students had the opportunity to ask questions to the
British High Commissioner on UK-Bangladesh diplomatic and trade relationship, ease of doing business, and impact of Brexit on Bangladesh trade. Prior to his lecture, the British High Commissioner met Dr. Md. Akhtaruzzaman, Vice-Chancellor of the University of Dhaka.
The British envoy said many of the managers in Bangladesh’s private banks have developed their careers in HSBC or Standard Chartered – two British banks.
He said the City of London, home to some of the World’s best known financial institutions, can help access capital.
On the UK’s withdrawal from the EU, the High Commissioner said on January 31 they left the European Union after 47 years of membership.
“For the first time since 1973 we are a fully sovereign nation able to control our own destiny. That includes trade,” he said.
High Commissioner Dickson said between now and the end of the year they will work with the EU to negotiate a free trade agreement, drawing on other recent agreements, such as the one between the EU and Canada.”That should be the core of our future relationship.”
The High Commissioner talked about the phenomenal rise of Bangladesh’s RMG industry saying overtime the comparative advantage can be eroded by competitors.
“That’s why, to maintain growth, Bangladesh needs to move up the value chain and diversify its exports. And what’s good for Bangladesh is also good for the UK – that’s the basis of Free Trade – if our companies can supply or partner yours to help them become more competitive.”
British High Commissioner to Bangladesh Robert Chatterton Dickson on Monday said Bangladesh needs more know-how, more jobs and more capital to maintain the remarkable growth noting that FDI can provide that.
“Foreign investments can help upskill a workforce,” he said mentioning that Bangladesh has done remarkably well in the 50 years since independence – something the country can be genuinely proud of.
The British High Commissioner made the remarks while delivering alecture on ‘The Importance of International Trade’ at the Department of International Business, University of Dhaka.
Over 200 students from Department of International Business, Dr. Shobod Deb Nath, Associate Professor, Chairman, Department of International Business, University of Dhaka, Derek Griffiths, Head of Trade & Investment Bangladesh, Department for International Trade, British High Commission Dhaka, and other faculty members of Dhaka University and staff of the British High Commission Dhaka attended the lecture.
After the lecture, students had the opportunity to ask questions to the
British High Commissioner on UK-Bangladesh diplomatic and trade relationship, ease of doing business, and impact of Brexit on Bangladesh trade. Prior to his lecture, the British High Commissioner met Dr. Md. Akhtaruzzaman, Vice-Chancellor of the University of Dhaka.
The British envoy said many of the managers in Bangladesh’s private banks have developed their careers in HSBC or Standard Chartered – two British banks.
He said the City of London, home to some of the World’s best known financial institutions, can help access capital.
On the UK’s withdrawal from the EU, the High Commissioner said on January 31 they left the European Union after 47 years of membership.
“For the first time since 1973 we are a fully sovereign nation able to control our own destiny. That includes trade,” he said.
High Commissioner Dickson said between now and the end of the year they will work with the EU to negotiate a free trade agreement, drawing on other recent agreements, such as the one between the EU and Canada.”That should be the core of our future relationship.”
The High Commissioner talked about the phenomenal rise of Bangladesh’s RMG industry saying overtime the comparative advantage can be eroded by competitors.
“That’s why, to maintain growth, Bangladesh needs to move up the value chain and diversify its exports. And what’s good for Bangladesh is also good for the UK – that’s the basis of Free Trade – if our companies can supply or partner yours to help them become more competitive.”
